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The Conference Board China Economy Watch: Data show deep Q1 economic impacts from virus crisis in China
  • Authors:

    Yuan Gao

  • Publication Date:
    April 2020

Under the impact of COVID-19, China’s Q1 growth will almost certainly be negative. Weak demand is likely to persist even after domestic travel restrictions are fully lifted due to impaired consumer confidence and plummeting export demand from the US and EU. Given the progress in resuming industrial production, a rebound from Q1 lows is now happening; but Q2 growth is likely to remain well under the pre-crisis level, and possibly remain negative.

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